Private Equity
Texas-based Hypergiant Industries, an AI industrial complex for global businesses and governments, has secured an undisclosed amount of funding. The investors included Sumitomo Corporation of Americas, Align Capital, Perot Jain, the venture capital arm of the Perot Companies.
1 min read · 05 June 2019
San Francisco-based Carbon Health, an healthcare provider, has secured $30 million in Series B funding. Brookfield Growth Partners led the round. In conjunction with the funding, Josh Raffaelli, a managing director at Brookfield Growth Partners, has joined Carbon Health’s board of directors.
1 min read · 05 June 2019
San Francisco-based Carbon Health, an healthcare provider, has secured $30 million in Series B funding. Brookfield Growth Partners led the round. In conjunction with the funding, Josh Raffaelli, a managing director at Brookfield Growth Partners, has joined Carbon Health’s board of directors.
1 min read · 05 June 2019
The Securities and Exchange Commission (SEC) has sued Kik Interactive Inc, alleging the Waterloo-based messaging app conducted an illegal US$100 million offering of digital tokens. In 2017, Kik said it would raise US$125 million by selling tokens called Kin. The SEC charges the offering and sale were not registered as required by U.S. securities laws. By failing to register, Kik “deprived investors of information to which they were legally entitled, and prevented investors from making informed investment decisions,” the SEC said. Kik has raised financing from Foundation Capital, Millennium Technology Value Partners, RRE Ventures, Spark Capital, SV Angel, Tencent, Union Square Ventures, Valiant Capital Partners and other investors.
3 min read · 05 June 2019
Palo Alto, California-based Yellowbrick Data, which provides data warehousing for the enterprise analytics market, has raised $81 million in Series C funding led by DFJ Growth. New investors IVP and BMW i Ventures also participated with existing investors, including Next47, Third Point Ventures, Menlo Ventures, Threshold Ventures and GV. The company, founded in 2014, has now raised $173 million in total funding.
1 min read · 05 June 2019
GuardKnox, a cybersecurity firm, has secured $21 million in Series A funding, raising its total tally to $24 million. Fraser McCombs Capital led the round.
1 min read · 05 June 2019
Elsewhere Partners has raised $70 million for its debut fund, according to an SEC filing. The venture firm backs software companies.
1 min read · 05 June 2019
Palo Alto, California-based Armis, an enterprise IoT security company, has hired Jeff Williams as chief revenue officer. Williams has spent the last four years as an operating partner at Bain Capital Ventures.
3 min read · 05 June 2019
London-based PlayWorks, a social games provider, has secured 2 million pounds in funding. Vala Capital led the round.
1 min read · 05 June 2019
CellPoint Mobile, a provider of digital commerce and payment solutions for airlines and travel companies across the globe, has secured 11 million pounds in financing. The investor was Toscafund Asset Management LLP.
1 min read · 05 June 2019
